Americans typically score poorly in financial literacy tests. Yet they're on their own when it comes to making major financial decisions, from funding their retirement to buying a home, two economists ...

Abstract: Financial time series exhibit high volatility and non-linearity, making analysis particularly challenging. Traditional statistical methods like ARIMA and GARCH struggle with non-linear data.

WASHINGTON, DC - MAY 29: U.S. Secretary of the Treasury Scott Bessent gives remarks during a roundtable meeting at the U.S. Treasury Department on May 29, 2025 in Washington, DC. Bessent addressed ...

Abstract: Due to the inherent high volatility and complexity of financial markets, traditional time series forecasting models face numerous challenges in handling both short- and long-term predictions ...